TSL Express Daily Articles & News

CIBC Innovation Banking announced today that it has provided growth capital financing for EnsoData, a leading provider of AI-powered software solutions for sleep medicine.

Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that the Company has entered into a new $60 million senior secured credit facility with U.S. Private Credit Investments ("PCI"), a division of BTG Pactual Global Alternatives.

Encina Private Credit (“EPC”), a leading non-bank lender focused on enterprise value, first-out loans, today announced several strategic additions and promotions across its platform as the firm continues to expand its capabilities and support growing demand from sponsors, direct lenders, and management teams.

Flatbay Capital closed a $2MM interest-only CRE bridge loan for a Texas dental management group whose bank declined to renew their existing mortgage and line of credit. Secured by a first lien on the borrower's owner-occupied office facility and a second property, the loan retired existing bank debt and provided the liquidity needed to resolve outstanding obligations and exit a bank workout.

Polsinelli continues to expand its Private Equity Mergers & Acquisitions Practice with the addition of Jon T. Beeman as a shareholder in Kansas City, further strengthening the firm’s capabilities in private equity-backed deals and health care transactions.

nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, provided a $3.5 million factoring facility to a Texas-based global IT contract staffing firm. The financing will refinance existing debt and support continued growth.

Antares Capital has closed approximately $8.5 billion in total commitments for its third Senior Loan Fund, SLF III, and related strategy vehicles, exceeding the initial fundraising targets of the fund.

Gateway Trade Funding, a direct lender focused on Purchase Order Financing and Stretch Finance solutions, announced the completion of 25 Stretch Finance transactions totaling more than $7.7 million across a broad range of industries throughout the United States and Canada.

Guitar Center, Inc. (together with its affiliates, “Guitar Center,” or the “Company”) today announced that it has amended its existing asset-based lending facility (“ABL”). The amended facility maintains total commitments of $375 million, reduces borrowing costs, relaxes certain minimum availability covenants and extends the maturity date from December 31, 2027 to the earlier of May 8, 2031, or 90 days prior to the maturity date of any of the Company’s outstanding senior notes, providing the Company with additional financial flexibility.

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it has completed a $725 million credit facility with a syndicate of banks.

Baker Garrington announced it has partnered with an oilfield staffing company, providing a growing $1,500,000 facility. The staffing company, based in Texas, found itself in a position where demand was already strong, both within existing contracts and with new opportunities on the horizon for 2026. The challenge was having the capital in place to support that growth without slowing things down.

J D Factors provided $10,600,000 in new factoring facilities to 42 new clients in the US and Canada during the month of April. Some of these facilities include: a $125,000 factoring facility for a wholesale distribution company in Texas; a $200,000 factoring facility for a flooring distribution company in Quebec and $250,000 factoring facility for a transportation company in Indiana.

Credibly, the AI-powered working capital company that champions small and medium-sized businesses (SMBs), announced today that it has secured over $260 million in new financing, further strengthening its capital base to support continued growth.

Republic Business Credit recently announced the appointment of Benton Hilbun and Merri Underwood to its growing team. Hilbun joins the originations team as Senior Vice President, Business Development Officer, while Underwood joins the client management team as Assistant Vice President, Account Executive.

Archway FinCo announced today the appointment of Matthew Lesser as managing director of Originations. Based in the New York metro area, Lesser brings more than 20 years of experience in commercial banking, asset-based lending, and specialty finance to Archway's growing originations platform.

Tiger Group announced the successful liquidation of a complete geotechnical manufacturing facility in Roanoke, Virginia. In an online auction that closed last month, Tiger auctioned inventory along with machinery and equipment (M&E), tools, rolling stock and material-handling assets from the Roanoke plant of TerraRoc, Inc., a Delaware corporation that manufactures items for the construction and oil-and-gas industries.

Mako Capital Group ("Mako"), a Miami-based private equity firm, is pleased to announce that Vanessa Gabela has joined the firm as partner and head of Investor Relations. Mako is a thesis-driven firm that specializes in acquiring lower-middle market companies in financial, healthcare and other essential services. Vanessa will lead Mako's capital formation efforts and oversee relationships with current and prospective investors.

JPalmer Collective (JPC), an asset-based lending (ABL) firm focused on women-led and high-growth consumer brands, today announced the closing of a $3.5 million asset-based line of credit to Pangaea Holdings, a global brand builder focused on creating innovative and disruptive personal care brands for modern consumers.

KCP’s Group, a leading restructuring and advisory firm, today announced that Jennifer Meyerowitz has joined the firm as Senior Managing Director and General Counsel. In this role, Meyerowitz will advise clients on complex restructurings, distressed transactions, and operational turnarounds, while also overseeing the firm’s legal strategy and governance.

Siena Lending Group LLC (“Siena”), a leading provider of asset-based credit solutions, served as Administrative and Co-Collateral Agent on a $175 million senior secured credit facility (the "Facility") for Phillips Pet Food and Supplies ("Phillips" or the "Company"), supporting the refinancing of existing debt and the acquisition of assets from Central Garden & Pet Company. Siena Lending Group LLC will be holding $105 Million of the Facility.